Justin King, Chief Executive, said: "We have seen a decline in sales in the quarter reflecting tough comparatives. This time last year our sales benefited significantly from the discovery of horsemeat in some branded and ...
Tags: Justin King, clothing, ladieswear
Sainsbury reports second quarter trading statement for 16 weeks to 28 September 2013. Highlights: - Total sales for second quarter up 5.0 per cent (4.6 per cent excluding fuel) - Like-for-like sales for second quarter up 2.1 per cent ...
Massive opportunities are about to open up for Pakistan to at least double its share in the global textile and clothing trade of $800 billion, from slightly above 1.5 per cent to three per cent over the next two to three years. But, ...
Tags: Clothing Trade, Textile Export
The apparel retailers in the US and the EU are aiming at safety in Bangladesh readymade garments (RMG) factories although they have adopted different initiatives to ensure safety in the clothing firms of the country. The two strong ...
Tags: RMG Units, apparel retailers
Food continues to outshine clothing at posh retailer Marks & Spencer (M&S), according to the firm's first quarter results, covering the 13 weeks to June 29 2013. Food sales continues to outshine general merchandise at M&S Total UK food ...
Tags: Agriculture, Food
The apparel manufacturers in the US have expressed concern over increasing labor cost in the country as several global apparel brands are sourcing garments from other countries with low production cost North Carolina-based apparel ...
Tags: Apparel Makers, Apparel
Supermarket Sainsbury's is enjoying an uplift in general merchandise sales, which includes toys. The grocer saw like-for-like sales rise 2.1 per cent during its financial year ending March 16th, 2013. "Our general merchandise and ...
Strong sales, reflecting continued market outperformance -Total sales for fourth quarter up 7.1 per cent (6.3 per cent excluding fuel) -Like-for-like sales for fourth quarter up 4.2 per cent (3.6 per cent excluding fuel) ...
Tags: Sainsbury, clothing business, clothing
PPR announces that Redcats has entered into a definitive agreement to sell OneStopPlus Group, its plus-size business in the United States, to Charlesbank Capital Partners and Webster Capital for an enterprise value of USD 525 million. PPR ...
Tags: plus-size business, further step, global leader, apparel and accessories
A giant warehouse, which will be the UK import and deconsolidation hub for the Asda George clothing brand is creating over 400 jobs at the Wynyard Park site in Billingham. The new facility, developed and operated by Leeds based Clipper ...
Tags: giant warehouse, deconsolidation hub, Asda George clothing
The Individualized Apparel Group (IAG) has signed a definitive agreement to purchase substantially all the assets of Coppley Corporation, the Canadian based custom clothing manufacturer. The agreement is subject to court approval in the ...
Tags: IAG, Coppley, custom clothing
Like-for-like sales in the UK were down 0.7% in the 13 weeks to 31 March. Total group sales, which include new and overseas stores, increased 0.8%. Sales were hit by poor performance in its general merchandise division, which includes ...
Tags: sales down, homewear, fashion, M&S